This quiz in Section 12.5\u2014Menu Pricing, assesses knowledge on various pricing strategies used in restaurant management. It covers topics like mark-up costs, loss leader pricing, and contribution margins, crucial for effective menu pricing and profitability in hospitality businesses.
Contribution margin.
Prime costs.
Accompaniment costs.
Plate cost.
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Reasonable price.
Highest price.
Loss leader.
Intuitive price.
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Subjective pricing method.
Simple mark-up pricing method.
Contribution margin pricing method.
Simple prime cost pricing method.
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Prime ingredient mark-up.
Contribution margin.
Simple prime costs.
Mark-up with accompaniment costs.
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